The Mags and money...

[rowley2]

There has only ever been one payment made on reducing the debt of £12m 6 or 7 years ago. I believe it was after the Carroll sale. He hasn't taken any other payment on it, and has since then increased it.
Before he arrived the debt was £75m. Now it's around £140m.
All revenue streams have went down under Ashley, the only income that has increased in the 11 years since he's been here is television revenue, which has no part in.

Following relegation in 2009, Barclays took ownership of the ground and training facilities as collateral on the debt owed to them by NUFC, then issued a mortgage on them. A few months later, Ashley paid the mortgage off to regain ownership and settled the debt with the bank, hence the debt doubling after a drop in PL income for one season.
The interest on Ashley's loan is estimated to be £8m per year.
The advertising space in SJP is estimated to be worth £8m per year.
Ashley doesn't charge interest but takes all the advertising space to benefit his other companies, with the PL being shown in 200 countries around the world, Sports Direct enjoys a lot of exposure globally every fortnight, and at least 6 times a season when the big boys come to play here.

It's a marriage of convenience for Ashley and having that debt puts off any buyers unless they come up with a huge offer.
The club is costing him nothing other than a load of abuse.

Not far off that, from what I know. The advertising space revenue is a hard one to be definite on, although there is obviously a benefit to the owner. But there are other adverts on the pitch side LED boards at times if I've watched through open eyes, and I imagine these are the most valuable.

But Ashley clearly doesn't want to be in it for any more than he is already. Any buyer would have to find £3oom at least, and then, to be any better thought of, invest a load of speculative cash on top . It will have to be a hobby for an insanely rich madman or mad men. And although there are no such nutters about, those close to such a condition appear to prefer a location other than the North East. Two multi billionaires investing in a basket case like Villa instead of talking to Ashley about Newcastle might be another sign of this. Alan Sugar said twenty or so years ago something about the easiest way to turn £200m into £20m was to by a football club. He got out of it okay in the end, and the numbers are different now but the point still holds. Who the hell would do it?

Football is in a bad position IMO. We all love it, and Sky do a great hype job on it. But the top six are as near as it can be to being set in stone, and the rest, whoever they are at the time are there, as my non interested boss puts it, to make up the numbers. One day the hype won't work, and though it has been predicted by many for long enough, I'd say there will be a seismic shock to the system unless the inherent imbalanced nature of the league is somehow addressed. Good luck with that anarl, as I wouldn't have a clue where to start.

In the sixties, (just about my time) eight or nine different clubs won the First Division including Burnley and Ipswich. Now it looks like its two or three.

 

[Cat 3]

Maybe I overestimated your football related knowledge you are also contradicting your own argument with the Newcastle fans, please give me your definition of being “cemented in the top Six” then, or are you simply trolling, Spurs have consistently been in the top Six for longer than Manchester City have, Spurs have finished above Liverpool in 8 out of the last 9 seasons and above all of the other clubs several times in recent years, why don’t you let us all know with your wisdom just how many times Spurs have finished outside of the top Six over the last ten years.

Oh and producing academy players isn’t simply down to luck as you wrongly suggest, great coaching might just help and check out Spurs training facilities the ones that England use before their home games the same with Brazil who used them as their training camp for the World Cup, the ones that AC Milan, Barcelona, and other top European clubs have asked to use when they play CL games in London.

As I said on here a couple of years ago after arguing with the experts on here, Spurs will easily be in the top 10 regarding annual income of World football and that is now the case, so who are these other clubs in the Premier League that are suddenly going to gain an extra £200/300m a year to challenge the top Six then.

What I mean is I am not sure of the long term sustainability of a top 6. There are only 4 Champions League spaces - I think over time 2 will struggle to maintain CL squads without regular qualification. ManU are a money machine and City have amazing wealth and long termist owners. The other 4 Who knows - Arsenal currently look the weakest and are shopping in a different place to the others. Levy and your Academy have given Spurs an amazing chance

Not far off that, from what I know. The advertising space revenue is a hard one to be definite on, although there is obviously a benefit to the owner. But there are other adverts on the pitch side LED boards at times if I've watched through open eyes, and I imagine these are the most valuable.

But Ashley clearly doesn't want to be in it for any more than he is already. Any buyer would have to find £3oom at least, and then, to be any better thought of, invest a load of speculative cash on top . It will have to be a hobby for an insanely rich madman or mad men. And although there are no such nutters about, those close to such a condition appear to prefer a location other than the North East. Two multi billionaires investing in a basket case like Villa instead of talking to Ashley about Newcastle might be another sign of this. Alan Sugar said twenty or so years ago something about the easiest way to turn £200m into £20m was to by a football club. He got out of it okay in the end, and the numbers are different now but the point still holds. Who the hell would do it?

Football is in a bad position IMO. We all love it, and Sky do a great hype job on it. But the top six are as near as it can be to being set in stone, and the rest, whoever they are at the time are there, as my non interested boss puts it, to make up the numbers. One day the hype won't work, and though it has been predicted by many for long enough, I'd say there will be a seismic shock to the system unless the inherent imbalanced nature of the league is somehow addressed. Good luck with that anarl, as I wouldn't have a clue where to start.

In the sixties, (just about my time) eight or nine different clubs won the First Division including Burnley and Ipswich. Now it looks like its two or three.

It’s turning into a high end SPL